SG stocks Thursday: DBS, GIC, CapitaLand Investment, LMIR Trust

DBS Bank branchDBS Bank branch

Singapore companies in focus on Thursday, 23 June 2022:

  • DBS provides GIC with green loan for Sydney property
  • CapitaLand Investment launches CNY700M onshore China yuan fund
  • Singapore Taps AI to Combat Greenwashing in real estate
  • Lippo Malls Indonesia Retail Trust downgraded by Moody’s

DBS provides GIC with green loan for Sydney property

  • DBS has extended a A$295 million green loan to Singapore sovereign wealth fund GIC to refinance the Chifley Tower Sydney, the Singapore bank said in a press release Wednesday.

CapitaLand Investment launches CNY700M onshore China yuan fund

  • CapitaLand Investment has launched its first onshore China yuan-denominated fund in a tie-up with a domestic asset management company, the real estate investment manager (REIM) said in a filing to SGX Wednesday.

Singapore Taps AI to Combat Greenwashing in real estate

  • Singapore’s central bank has set up its first use case for an artificial intelligence (AI) program to combat greenwashing: real estate.

Lippo Malls Indonesia Retail Trust downgraded by Moody’s

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